Business, 23.11.2019 02:31 SoUpsup

In 2003–2004, much of the western u. s. experienced a drought condition. for example in denver, water usage was restricted. yet even though most people used less water, the price of water did not drop. in fact, when the drought was over, the water company actually raised water prices. still, residents of denver did not use less water. water is
a. price inelastic.
b. price elastic.
c. price sensitive.
d. price insensitive.
e. unitary elastic.

Answers: 3

Show answers

Another question on Business

Business, 22.06.2019 12:30

On june 1, 2017, blossom company was started with an initial investment in the company of $22,360 cash. here are the assets, liabilities, and common stock of the company at june 30, 2017, and the revenues and expenses for the month of june, its first month of operations: cash $4,960 notes payable $12,720 accounts receivable 4,340 accounts payable 840 service revenue 7,860 supplies expense 1,100 supplies 2,300 maintenance and repairs expense 700 advertising expense 400 utilities expense 200 equipment 26,360 salaries and wages expense 1,760 common stock 22,360 in june, the company issued no additional stock but paid dividends of $1,660. prepare an income statement for the month of june.

Answers: 3

Answer

Business, 22.06.2019 19:30

Adisadvantage of corporations is that shareholders have to pay on profits.

Answers: 1

Answer

Business, 22.06.2019 20:00

Harry is 25 years old with a 1.55 rating factor for his auto insurance. if his annual base premium is $1,012, what is his total premium? $1,568.60 $2,530 $1,582.55 $1,842.25

Answers: 1

Answer

Business, 22.06.2019 20:20

Trade will take place: a. if the maximum that a consumer is willing and able to pay is less than the minimum price the producer is willing and able to accept for a good. b. if the maximum that a consumer is willing and able to pay is greater than the minimum price the producer is willing and able to accept for a good. c. only if the maximum that a consumer is willing and able to pay is equal to the minimum price the producer is willing and able to accept for a good. d. none of the above.

Answers: 3

Answer

You know the right answer?

In 2003–2004, much of the western u. s. experienced a drought condition. for example in denver, wate...

Questions